Mithril GP LP - Sep 9, 2021 Form 3 Insider Report for BlackSky Technology Inc. (BKSY)

Role: 10%+ Owner
Signature: /s/ Ajay Royan, Authorized Person, Mithril GP LP, General Partner of Mithril LP
Stock symbol: BKSY
Transactions as of: Sep 9, 2021
Transactions value $: $0
Form type: 3
Date filed: 9/20/2021, 05:25 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	BKSY	Class A Common Stock						10.4M	Sep 9, 2021	See Footnote	F1, F2
holding	BKSY	Class A Common Stock						8.24M	Sep 9, 2021	See Footnote	F1, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects shares of Class A common stock, par value $0.0001, of BlackSky Technology Inc., f/k/a Osprey Technology Acquisition Corp. (the "Issuer"), acquired on September 9, 2021, upon the completion of the merger (the "Business Combination") pursuant to the Agreement and Plan of Merger, dated as of February 17, 2021, by and among the Issuer, Osprey Technology Merger Sub, Inc., a Delaware corporation and a direct wholly owned subsidiary of Osprey Technology Acquisition Corp., and BlackSky Holdings, Inc., a Delaware corporation.
F2	These shares are held of record by Mithril LP ("LP"). Mithril GP LP ("GP LP") is the general partner of LP. Ajay Royan ("Royan") is the authorized person of GP LP and may be deemed to have shared voting, investment and dispositive power with respect to the shares held by LP. Royan and Peter Thiel ("Thiel") are the members of the investment committee of GP LP. The investment committee makes all investment decisions with respect to shares held by LP and may be deemed to have shared voting, investment and dispositive power with respect to such shares. Each of GP LP, Royan and Thiel disclaims beneficial ownership of the shares held by LP, except to the extent of their respective pecuniary interests therein, if any.
F3	Represents 7,741,400 shares of the Issuer's Class A common stock received in connection with the Business Combination and 500,000 shares of the Issuer's Class A common stock that were acquired in a private placement which closed concurrently with the Business Combination.
F4	These shares are held of record by Mithril II LP ("II LP"). Mithril II UGP LLC ("UGP II") is the general partner of Mithril II GP LP ("GP II") and GP II is the general partner of II LP. Royan is the sole managing member of UGP II and may be deemed to have shared voting, investment and dispositive power with respect to the shares held by II LP. Royan and Thiel are the members of the investment committee established by GP II. The investment committee makes all investment decisions with respect to shares held by II LP and may be deemed to have shared voting, investment and dispositive power with respect to such shares. Each of UGP II, GP II, Royan and Thiel disclaims beneficial ownership of the shares held by II LP, except to the extent of their respective pecuniary interests therein, if any.